t42 IoT Tracking Solutions PLC (GB:TRAC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
t42 IoT Tracking Solutions PLC, a provider of real-time tracking and monitoring solutions, has secured a lucrative $4.5 million deal with a Brazilian logistics firm for 30,000 tracking units over three years, marking a significant stride in the company’s global expansion. The deal includes an initial order of 10,000 units and will contribute to the company’s revenues starting FY 2024. t42’s recent advancements in integrating various system enhancements have been pivotal in meeting the client’s specific requirements and facilitating their market growth.
For further insights into GB:TRAC stock, check out TipRanks’ Stock Analysis page.
